Alphamin Resources Second Quarter 2024 Earnings: EPS: US$0.014 (vs US$0.012 in 2Q 2023)

Alphamin Resources (CVE:AFM) Second Quarter 2024 ResultsKey Financial Results

  • Revenue: US$103.9m (up 37% from 2Q 2023).

  • Net income: US$18.1m (up 23% from 2Q 2023).

  • Profit margin: 17% (down from 19% in 2Q 2023). The decrease in margin was driven by higher expenses.

  • EPS: US$0.014 (up from US$0.012 in 2Q 2023).

earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Alphamin Resources' share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Alphamin Resources that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

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